credit pur is a pur which has been made by us without 
paying the money at present but liable to be paid in 
future. the person to whom we are liable is called creditor.

credit purhase  is a purchase No need to Pay at the time of 
Purchase  but liable to be paid in future. the person to 
whom we are liable is called creditor 
Ex: Payment through cheques also Credit purchase 

Absorve in the Bills there are two optins Cash/Credit 
Purchase by cash its cash purchase 
Purchase by Cheque its credit Purchase 
We not paying cash at time of Purchase